RI at 40 sen and normally will be at a discount to market price.At current market price of 49sen it is 18% discount, and as such I dont see how Sumatec can go below 40 sen. It will spike to between 55sen to 60 sen tomorrow. If price drops below 4o sen who wants to subscribe.

Hope not a false alarm

Aiya be patient lah.This counter is unpolished diamond. Just wait this shooting star soon but on a slow and steady motion

even Dalton said that they will be applying soon for the upliftment of Pn17, but some genius is saying the PN17 will be uplifted tomorrow.

Ha ha ha ha ha ha ha ha hi hi hi hi hi hi hi hi, this forum has become like how Malaysian Politicians talk ha ha ha ha ha ha ha ha ha ha ha ha ha.

I have been following this counter when it was still at 19 sen and decided to enter at 27 sen in May'14. I read all their Press Release and forecast numbers very closely. This company has some fixed recurring revenue of about USD3+million every quarter and they have ramp up their production since end April 2014, and the efforts to open up more wells will continue and expected to reach 15wells by end 2014. An independent survey on the quantity of oil & gas at their fields has shown encouraging results. What more do we want. I am confident it will be profitable in the last quarter and their full year result will exceed their forecast of RM69million.

Captain Looiks what happened, you seem to have switched off your train engine he! he!

Captain Looiks nice to see you so active here today

K

Captain Looiks how is the train journey going to be today

Captain Looiks I have unloaded all my loads and wait ing at station 40

Gd morning Captain Looiks are we rea dy to move

2000 barrels per day was only achieved end Apr'14 and therefore expect a higher profit as compared to previous quarter.As a public listed company they will make forecast with a proper basis and not just pick them from air as this can jeopardise their public listing status if found to be making misleading statements.

Forecast profit for FY2014 is Rm69m.first quarter achieved RM4m+.

Everybody knows what the big news is, that is its 2nd quarter result willbe anno unced. Profit and with that Sumatec will apply for uplift of PN17

Investing is no gamblig. A true investor thoro ughly thoroughly aanalyses any investment and only invests whe re whenthere is strong likelihood of making profit. In the long run an investor can get rich. Investing is not a get rich quick scheme. Investing in Sumatec is Value Investing so real investors not to worry. Time will reward all "investors".

Captain Looiks and Noraini Ismail thanks for your guidance

In this forum there are some good serious friends who give good advice and there are some punks who mislead many. Such punks must remember KARMA and they will pay a price if knowingly they mislead for their own gain.

http://klse.i3investor.com/blogs/RandomTrading/58157.jsp
BE A CHICKEN TO RUN OR RISK TO BE KFC

Today up 8 sen, equals to 18.18%. wow many 8's must be lucky for tomorrow trading.

Good night Captain Looiks. So is your train going to move tomorrow.

Captain Looiks how is the journey going to be. Is your new loco in position to move sir.

Captain Looiks good afternoon

The above is positive guys

http://www.theedgemalaysia.com/business-news/303696-stocks-to-watch-sumatec-pdz-marco-globaltec-klk-ioi-corp.html

ChartMaster thanks

ChartMAster only one bank stopped margin is it

Captain Looiks are you still taking passengers.Where is your next station

Captain Looiks need your direction

Captain Looiks good to hear that

Captain Looiks nice to see youh ere today.

They are testing Sumatec. Surely green today

Direct Business Transaction aof 38millin shares ar RM0.61 sen done at 4.44pm today. Value=RM23million, so dont expect the share to go below RM0.61 sen tomorrow.

When Sona,Cliq, And Reach can move higher without any assets there is no stopping for Sumatec to move higher as they have the assets and are in the verge of acquring more. Black Gold guys.

Captain Looiks you are great

Thanks Captain Looiks

Captain Looiks where is your train heading

I don't think Sumatec management will let the counter to an hay wire posi tion at thiss tage when it is about to exit PN17 as this will be seen in a very negative manner by investors

Looiks you are early today

Chriswai yes you are spot on

Looiks, like your comments and a strict follower.Thanks

Sumatec will challenge Reach Energy tomorrow. See who wins the race tomorrow.

Reach Energy will make its debut tomorrow morning. So guys tighten your seat belts for Daya, Sona, CLIQ and of course our own darling SUMATEC.

Looiks what happened

Looiks how long the train will wait at station. 545

looiks Looiks Looiks why so quiet.Waiting for your input plzzzzzzzzzzzzzzzzzzzzzzzzzzzz

Goyang kaki hihihi

Looiks waiting for your comments

Hi KY Tan, the announcement will be positive to Sumatec price?Appreciate your advice

Looiks I trust you. What is your TP